Acushnet Holdings Priced, NYSE: GOLF

Manufactures and markets golf equipment under several brands (e.g. Titleist).

Industry: Consumer Discretionary

Latest Trade: $19.78 -0.16 (-0.8%)

First Day Return: +5.6%

Return from IPO: +17.3%

Industry: Consumer Discretionary

We are the global leader in the design, development, manufacture and distribution of performance-driven golf products, which are widely recognized for their quality excellence. Driven by our focus on dedicated and discerning golfers and the golf shops that serve them, we believe we are the most authentic and enduring company in the golf industry. Our mission — to be the performance and quality leader in every golf product category in which we compete—has remained consistent since we entered the golf ball business in 1932. Today, we are the steward of two of the most revered brands in golf—Titleist, one of golf's leading performance equipment brands, and FootJoy, one of golf's leading performance wear brands. Titleist has been the #1 ball in professional golf for 68 years and FootJoy has been the #1 shoe on the PGA Tour for over six decades.
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IPO News for Acushnet Holdings
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IPO Data
IPO File Date 06/20/2016
Offer Price $17.00
Price Range $21.00 - $24.00
Offer Shares (mm) 19.3
Deal Size ($mm) $329
IPO Data
IPO Date 10/27/2016
Offer Price $17.00
Price Range $21.00 - $24.00
Offer Shares (mm) 19.3
Deal Size ($mm) $329
Underwriters
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Company Data
Headquarters Fairhaven, MA
Founded 1910
Employees 5,244
Website www.acushnetcompany.com